6 Bed HMO, Leeds, LS6 4AJ £350,000

48, Bentley Lane, Leeds LS6 4AJ - 47 views - 7 months ago
HMO
Inside Article 4
ROI: 8%
~140 m²
Property image
Property image

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Total Cash In

£113,700

 

 

Cash Out

 

Room Rate

£526

Gross Rent

£3,156

Running Costs/mo

£2,427

Cashflow/mo

£729

Cashflow/yr

£8,743

ROI

8%

Gross Yield

11%

Local Sold Prices

21 sold prices from £240K to £1.6M, average is £385K. £1.6K/m² to £6.2K/m², average is £3.1K/m².

Price
Date
Distance
Address
Beds
 
£650K06/210.3 mi2, Claremont Drive, Leeds, West Yorkshire LS6 4ED6
£850K07/230.43 mi9, Grove Lane, Leeds, West Yorkshire LS6 4AB6
£240K01/250.55 mi156, Stainbeck Road, Meanwood, Leeds LS7 2PP6
£1.6M11/240.64 mi3 Oaks House, Beckside Gardens, Weetwood, Leeds LS16 5QZ6
£421.6K09/210.7 mi69, St Annes Road, Leeds, West Yorkshire LS6 3NY6
£562K11/230.77 mi50, Becketts Park Crescent, Leeds, West Yorkshire LS6 3PQ6
£325K04/250.77 mi41, Hartley Crescent, Woodhouse, Leeds LS6 2LL6
£325K04/250.77 mi41, Hartley Crescent, Woodhouse, Leeds LS6 2LL6
£285K11/240.79 mi7, Derwentwater Grove, Headingley, Leeds LS6 3EN6
£285K11/240.79 mi7, Derwentwater Grove, Leeds, West Yorkshire LS6 3EN6
£412K12/220.8 mi24, Clarkson View, Leeds, West Yorkshire LS6 2LB6
£350K08/250.84 mi95, St Annes Road, Headingley, Leeds LS6 3NZ6
£399.5K07/220.85 mi66, Becketts Park Drive, Leeds, West Yorkshire LS6 3PL6
£331.2K05/210.88 mi25, Glossop Street, Leeds, West Yorkshire LS6 2LE6
£375K10/230.92 mi11, Newport Gardens, Leeds, West Yorkshire LS6 3DA6
£480K06/210.94 mi3, Woodlea Drive, Meanwood, Leeds, West Yorkshire LS6 4SQ6
£330K03/250.94 mi18, Newport View, Headingley, Leeds LS6 3BX6
£330K03/250.94 mi18, Newport View, Headingley, Leeds LS6 3BX6
£385K12/220.96 mi39, Langdale Avenue, Leeds, West Yorkshire LS6 3HA6
£775K03/250.99 mi21, Stretton Avenue, Meanwood, Leeds LS6 4QU6
£775K03/250.99 mi21, Stretton Avenue, Meanwood, Leeds LS6 4QU6

Property History

Listed for £350,000

April 4, 2025

Floor Plans

Property image

Description

  • Substantial mid terrace +
  • Six bedrooms, three bath/shower rooms +
  • Close to Meanwood & amenities +
  • Ideal investment +
  • Let until 30th June 2026 +
  • Easy access into Leeds city centre +
  • EPC Rating D +

A WELL MANAGED SIX BEDROOMED MID TERRACE WITH THREE BATH/SHOWER ROOMS AND W/C'S, VERY CONVENIENTLY SITUATED CLOSE TO THE EXTENSIVE AMENITIES IN MEANWOOD, INCLUDING SHOPS, BARS AND RESTAURANTS, THE MEANWOOD VALLEY TRAIL AND WITH EASY ACCESS INTO LEEDS CITY CENTRE.

CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.The property is currently let on separate tenancy agreements with varying end dates up until the 30th June 2026 with an attractive rent roll of £3,155 pcm including bills, therefore ideal for continued investment.The spacious accommodation comprises an entrance hall, lounge and dining kitchen on the ground floor, two bedrooms and a shower room w/c on the lower ground floor, two first floor bedrooms with a bathroom w/c and two further bedrooms on the top floor with another bathroom w/c. Externally there is a small low maintenance garden to the front and a sunny aspect yard to the rear. Ample parking is available on street.

The seller has a HMO Licence until 12th October 2028.

Tenure – Freehold Possession – The property is being sold subject to the existing tenancy agreements.AML - Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.

Agent Details

Castlehill, Headingley

0113 519 7781

Next Steps?

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